Input credit -reg.

This query is : Resolved 

13 February 2013 Hi,

My company purchases a one commodities Rs.12000/- @ 4% Vat and same sold Rs.10000 @ 4%.
Whether we will take input credit Rs.480 or 400.
Please advise us

14 February 2013 Hello,

Take the credit which is showing on the PURCHASE INVOICE.

14 February 2013 Thanks prashanth,

I need notification or case study, please help us....




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